Arabian Post Staff -Dubai Donald Trump has said Washington is considering a currency swap arrangement with the United Arab Emirates, opening the door to an extraordinary financial support mechanism as Gulf states assess the economic risks created by the war involving Iran and the disruption around the Strait of Hormuz. The remark has thrust an arcane central-banking tool into a fast-moving geopolitical crisis and underlined how quickly […]
Arjavi Indraneesh While demand for shisha smoking is steadily going up, air quality regulations, fire safety concerns and the operational burden of managing charcoal-based systems have historically presented challenges to hospitality venues. Ronan Barry, Chief Legal and Corporate Affairs at AIR, the global leader in hookah and pioneer in advanced inhalation technologies, spoke to the Arabian Post on the emerging shisha trends and the company’s future plans. […]
Arabian Post Staff -Dubai Dubai International Financial Centre has unveiled plans to remake itself as what it describes as the world’s first AI-native financial centre, tying the ambition to a projected $3.5 billion contribution to Dubai’s economy and the creation of 25,000 jobs as artificial intelligence is woven into regulation, operations, talent development and the district’s built environment. The move marks a step beyond the common industry […]
Arabian Post Staff -Dubai Dubai Holding Real Estate has moved to reshape the financing model for off-plan home sales by partnering with Emirates NBD to embed mortgage solutions into purchases across projects developed by Meraas, Nakheel and Dubai Properties. The arrangement allows eligible buyers to seek mortgage pre-approval at the off-plan stage, widening access to bank finance earlier in the transaction and reducing dependence on developer-led instalment […]
Arabian Post Staff -Dubai Donald Trump has warned that large-scale bombing of Iran will resume if no agreement is reached before the ceasefire expires on Wednesday evening in Washington, sharpening pressure on Tehran at a moment when diplomacy remains uncertain and the risk of a wider regional shock is still high. The US president has said his sole fixed demand is that Iran must not acquire a […]
Arabian Post Staff -Dubai The United Arab Emirates said it had dismantled a terrorist organisation inside the country and arrested its members over what authorities described as a covert plot to undermine national unity, infiltrate sensitive locations and prepare sabotage operations. Investigators said the group was tied to Iran’s Wilayat al-Faqih doctrine, while state-linked reporting in the UAE said officials had publicly identified 27 suspects as part […]
Arabian Post Staff -Dubai Commercial traffic through the Strait of Hormuz ground back towards paralysis on Monday after a short-lived and disorderly weekend reopening gave way to the first US seizure of an Iranian-flagged vessel, sharpening fears that one of the world’s most important energy chokepoints may remain only intermittently usable even under a fragile ceasefire. The immediate trigger was the interception of the cargo ship Touska, […]
Arabian Post Staff -Dubai UAE officials used the World Bank Group and IMF Spring Meetings in Washington to press a broader case for stronger multilateral coordination, flexible fiscal policy and wider financial partnerships, as the gatherings unfolded against a darker global backdrop of slower growth, energy-market strain and rising uncertainty. The delegation, led by Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, said the […]
Arabian Post Staff -Dubai Prestige One Developments has begun handing over Vista, a 140-home residential project in Dubai Sports City, marking a delivery milestone for the developer as it expands construction activity across the emirate. The handover comes as Prestige One says it has more than 20 active developments under way and about 2,500 residential units under construction, underscoring how mid-sized developers are trying to convert off-plan […]
Arabian Post Staff -Dubai Fresh instability swept across the Middle East on Saturday after Iran reimposed restrictions on vessel traffic through the Strait of Hormuz and Israeli forces struck targets in Lebanon, denting market optimism that a broader easing of tensions was close at hand. The renewed disruption came less than a day after signs of limited progress had lifted hopes for safer shipping through the narrow […]
Arabian Post Staff -Dubai The Integrated Transport Centre, an affiliate of Abu Dhabi’s Department of Municipalities and Transport, has held its annual ceremony to honour strategic partners, using the event to spotlight the role of public-private collaboration in shaping the emirate’s transport ambitions. The gathering in Abu Dhabi came as the transport authority continues to widen its work with technology firms, mobility operators and infrastructure partners […]
Arabian Post Staff -Dubai Smart mirrors are moving beyond novelty status and into the broader smart home conversation as manufacturers pitch them as practical devices for grooming, fitness, wellness and household control. What began as a niche category tied to luxury bathrooms and connected exercise is being reshaped by cheaper components, better voice software and wider smart home compatibility, although the sector still faces questions over privacy, […]
Arabian Post Staff -Dubai Commercial shipping through the Strait of Hormuz remained far from normal on Friday evening even after Tehran said the waterway was open to all merchant traffic, with ship-tracking data showing a cluster of vessels moving towards the passage before many stopped or turned back. The movements underlined the gap between Iran’s political signal and the shipping industry’s assessment of operational risk across one […]
Arabian Post Staff -Dubai President Donald Trump said Iran had agreed to suspend its nuclear programme without a fixed end date, lifting market hopes that a broader settlement could be close after Tehran declared the Strait of Hormuz open again to commercial shipping during the ceasefire period. Trump said in a phone interview on Friday that the halt would be “unlimited”, while also projecting confidence that […]
Arabian Post Staff -Dubai UAE equities closed higher on Friday, extending a second straight week of gains as traders responded to signs that Washington and Tehran may keep diplomatic channels open, lifting sentiment across Gulf markets and pushing Dubai to its highest level in about six weeks. Dubai outpaced Abu Dhabi, with buying concentrated in banking and property names as investors weighed the prospect of lower geopolitical […]
Arabian Post Staff -Dubai Samsung’s next flagship phone range may bring a meaningful storage upgrade, but not across the board, if the latest leak surrounding the Galaxy S27 line proves accurate. Reports circulating on 17 and 18 April say Samsung is considering UFS 5.0 flash storage for higher-end Galaxy S27 variants while leaving the standard models on UFS 4.0, a split that would give premium buyers faster […]
Arabian Post Staff -Dubai Abu Dhabi has moved to expand lower-cost rental housing through a new partnership between the Department of Municipalities and Transport and Aldar, with the two sides planning about 9,000 value housing units across Mohamed Bin Zayed City and Baniyas in a scheme aimed at easing pressure on tenants and broadening access to professionally managed homes. The projects, announced on 17 April, sit within […]
Arabian Post Staff -Dubai Oil prices fell sharply on Friday after Iran’s foreign minister said the Strait of Hormuz would remain open to commercial shipping during a ceasefire, easing immediate fears of a prolonged choke on one of the world’s most important energy routes. Brent crude and US West Texas Intermediate both tumbled by more than 11% at one stage of trading, as investors unwound risk premiums […]
Arabian Post Staff -Dubai Google is preparing to take its Android XR eyewear effort into luxury fashion through a partnership with Gucci, with Kering chief executive Luca de Meo saying the smart glasses are expected by 2027 rather than this year. The plan gives Google a high-end brand partner as it tries to turn experimental smart eyewear into something consumers will actually wear in public. The […]
Arabian Post Staff -Dubai Emirates and Wesgro have signed a memorandum of understanding aimed at increasing inbound travel to Cape Town and the Western Cape, giving the province a fresh marketing and air-connectivity push at a time when South Africa’s visitor numbers have climbed above pre-pandemic levels. The agreement was formalised on 16 April on the sidelines of World Travel Market Africa in Cape Town and was […]
Arabian Post Staff -Dubai Dubai has completed its first purpose-built station for electric vertical take-off and landing air taxis near Dubai International Airport, marking a tangible step in the emirate’s bid to introduce commercial aerial taxi services before the end of 2026. The four-storey facility, presented by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, is designed as the main operational hub for a new urban air […]
Arabian Post Staff -Dubai Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan used meetings in Beijing with President Xi Jinping and Premier Li Qiang to push the UAE-China relationship deeper into energy, investment, technology and industrial cooperation, as both sides sought to align long-term economic goals with a more volatile regional backdrop. The visit, which ran from April 12 to April 14, also […]
Arabian Post Staff -Dubai MENA equity issuance fell sharply in the first quarter, with companies raising just $472.9 million from equity and equity-linked deals, a drop of 91% from a year earlier, as regional volatility, weak risk appetite and a thinner pipeline combined to stall activity across primary markets. The quarter produced only five transactions, according to LSEG’s MENA Investment Banking Review for the first three months […]
Arabian Post Staff -Dubai Sequoia Capital has raised about $7 billion for a new fund, giving one of Silicon Valley’s best-known venture firms fresh firepower to back its largest and most expensive bets, especially in artificial intelligence, according to people familiar with the discussions. The fundraising marks the first major capital raise under the firm’s newer leadership era and arrives as investor appetite has swung sharply toward […]
